Two decades ago, the idea of a business having a Myspace page, or even being listed on Google, was still a rarity. It's taken 20 years for companies to fully catch up with the internet, and now even sole traders and freelancers make use of social media when doing business.
Whether it's being a trend setter on Instagram, a newshound on X, or an industry influencer on LinkedIn, everyone uses social media for business in some form or other.
If you're starting a business or setting up as a freelancer and want to know why you need to be on each social media platform, then here are three points to get you started:
1. You expand your brand's reach
This is a simple one. Social media platforms give you access to billions of potential customers worldwide. Granted, you're not necessarily chasing billions of customers, but social media is your most direct avenue to leads.
You can showcase your products, services, and company culture to a broader audience than ever before, helping to increase brand awareness.
Create engaging content and use targeted ads to reach people interested in what you offer, what you say, or what you do.
2. You can build customer relationships and trust
Social media allows you to interact directly with your customers but also show potential customers what they're missing.
Create a two-way communication channel to build trust and loyalty, and reinforce your brand identity without having to go out and find new audiences. After all, they're already on your platform!
You can also use social media channels to share behind-the-scenes content and give customers a peek into your company culture.
It's this sort of transparency that helps humanize your brand and create emotional connections with your audience.
3. You generate leads and boost sales much easier
Social media is a powerful tool for lead generation when you do it correctly. Big brands will use targeted social media campaigns to reach a wider audience effectively. They'll subscribe to dedicated analytics software, track their competitors, and invest heavily on each social platform.
Smaller brands and freelancers need to be more calculated with their activity. A mixture of organic posts, paid advertising, target demographic research, and smart search engine optimization techniques are required to position small brands correctly on socials.
No matter your business size, the point of social media for business accounts isn't really to 'be social'. It's to generate leads and boost sales, or make an impact or enact change.